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The Washington Post Says We Should Stop Paying Interest on Government Bonds Because It All Goes to the Rich

The Washington Post editorial argues that interest paid on U.S. Treasury bonds disproportionately benefits wealthy investors, suggesting the government should cease these payments. It cites data showing that high‑income households and large institutional holders capture the bulk of coupon earnings. The piece proposes eliminating or dramatically reducing bond interest as a way to curb wealth inequality and lower fiscal outlays. Critics warn such a move could destabilize the sovereign debt market and raise borrowing costs.